Monday, January 27, 2014
STUFF ... Japan bought 87.3M metric tons LNG in '12 for $57.5B, double '11 ... Boston comp contracted to build 20Mw of solar on Cape Cod, Martha's Vineyard going out of biz after 77 yrs ... EDF, partners started building 6Mw solar plant in Mass ... Treasury says it's broken even on the TARP bailout ... Heat stress, not flooding, drives most climate migrants: study ... DOT $886M for Sandy rebuild, resiliency efforts ... Ancient forests stabilized Earth's CO2: study ... New track inspection rules in response to oil train wrecks ... US solar jobs growing 10x faster than national avg ... China plans to add another 20Gw hydropower this year ... Thailand comp to develop 21 biomass plants in north, online this year. Each 1.5Mw plant $4 - 4.5M. To use Naipier grass to make biomethane ... Hanwha (HSOL) to add 204Mw production line to Malaysia plant this year. Will raise plant's output to 1.1Gw, total production capacity to 1.3Gw. Comp also wants to expand rooftop solar in Europe, Japan ... Farmers around Fukushima getting solar plants ... Hanergy (China) got $3.3B credit line for solar, hydropower biz ... Shunfeng PV (China) to invest $4.1B to develop 3Gw solar this year, part of 10Gw buildout next 3 yrs ... China Windpower Group got RMB 5.7B loans from China Development Bank for over 800Mw solar next 2 yrs. CDB also loaning 400M RMB to Jinko Solar for 3 projects total 50Mw already on grid plus credit line for up to RMB 3B ... Hareon Solar to build 200Mw solar in Inner Mongolia, China. Brought 220Mw online in China in '13 ... JA Solar (JASO), Powerway building solar module plant in S Africa. 150Mw, online 2H14 ... Malaysia to launch net metering this year for commercial users. Also increasing clean/ren surcharge for heavy el users to fund FIT program ... Clean/renewable comps to get more funding from bond markets as banks curb lending: Citigroup exec ... Italy oil consumption back at '67 level, down over 30% last 10 yrs. Apparently, it's the price of gasoline ... US NG supply 13% below 5-yr avg for time of year. ~1/2 US homes heat with NG ... 5.5M US homes heated with propane. US propane production up 27% last 5 yrs to 1.3Mb/d. Exports of LPG doubled in recent yrs, 400Kb/d in Oct. Some areas of US cost of propane has doubled in recent weeks to over $4/gal ... US crude production down 100Kb/d from cold snaps ... Global oil demand up 135Kb/d 4Q: EIA. Est. up 1.2Mb/d in '13 ... US to soon have all light sweet crude its refineries, storage facilities can handle. Without exporting, shale oil production will have to slow. (Unless we build more storage.) ... Tehran says Iran exporting 1.5Mb/d. Down from pre-sanction 2.5M. US says it's closer to 1Mb/d ... China '13 GDP 7.7% growth. Just missed 14-yr low. Importing 20% more NG than '12 ... China National Petroleum, Ecuador agreement to build refinery on Ecuador west coast ... Japan burning more crude for power because of cold spell ... Missing oil tanker may be hijacked off W Africa ... Mideast could spend up to $50B for 12-15Gw of solar next 7 yrs. Another 22-25Gw for wind, hydro ... Venezuela likely to hike gasoline prices from 5 cents/gal to ~17. Inflation 56%. 30% currency deval ... UK comp converts sewage, waste into biocoal. Awarded 1M Euro to build 1st plant ... New study shows US surpassing '14 biofuels production goals. Biodiesel comps posting record production ... Ukraine comp began building 41M Euro bioethanol plant. Online '15 ... US appeals court ruled govt acted illegally, "with incomplete info", when it moved to open 30M-acre area of continental shelf Alaska to oil/gas exploration in '08 ... Coal prices down 16% in China in '13. Regulator warning of credit risks of coal comps over slowing demand. China burns as much coal as rest of world ... City of Beijing banned construction of new oil refining, steel, cement, thermal power plants or expansion of existing plants ... UK launched 28th round of N Sea oil/gas licenses ... Georgia Power offering new heat pump rebate of up to $550 ... Canadian Solar (CSIQ) selling 10Mw solar farm in Ontario online 2Q to Blackrock fund. CSIQ also supplying 7.8Mw for 4 projects in Cal ... Yingli to supply 2Mw for Malay residential solar projects ... Tesla (TSLA) completed nationwide charging network ... WV Gov ordered chem comp to remove all storage tanks that leaked into river ... 5K folks protested Salt Lake City air pollution ... New Delhi's air worse than Beijing's: data ... Major trade bodies pledged to target global free trade of green goods ... France to back 57.4M Euro investment in offshore wind port site ... Huadian Fuxin Energy (China) to raise $151M with share sale ... China lower than expected 10Gw solar target for '14. Same as '13 ... China calling on US to drop latest solar import probe, urging negotiation ... UAE's Utico tendered for 40Mw solar plant ... Nippon Renewable Energy raised $250M for solar fund ... Tamil Nadu utility refused PPA for 100Mw solar project ... Export Development Canada to launch $300M green bond.
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